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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_HKDARS
Open High Low HKDARS Price Change
5.4233 5.4457 5.4221 5.4275 +0.0042
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long term trend has been UP since May 18th, 2017 at 2.0500

intermediate term down The intermediate term trend has been DOWN since May 29th, 2019 at 5.6653

short term up The short term trend has been UP since Jul 15th, 2019 at 5.3544

Smart Scan Analysis for HKDARS

Based on a pre-defined weighted trend formula for chart analysis, HKDARS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4233 5.4457 5.4221 5.4275 +0.0042
Prev. Close Volume Bid Ask Time
5.4233 5.4270 5.4280 2019-07-19 17:25:35
Want to analyze Hong Kong Dollar/Argentine Peso HKDARS or another symbol? Try our Free Forex Trend Analysis Report.